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Barry Ritholtz: The March Madness Theory Of Investing

FYI: We are down to the Sweet 16 in the NCAA's men's college basketball tournament, otherwise known as March Madness, which depending upon your perspective is either the most exciting month in sports or the American collegiate plantation system writ large.

As is my wont, I seek out lessons in what I see, hunting for parallels in sports, politics, et al. to the world of investing and trading. In college basketball, the similarities are overwhelming: the parade of upsets has already given rise to many lessons that might go overlooked, but for your scribe’s eagle-eyed observations.
Regards,
Ted
http://www.bloombergview.com/articles/2015-03-23/march-madness-and-the-theory-of-picking-stocks
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